CMLS Q2 2021 Earnings — Cumulus Media Inc. Revenue & Financial Results | Market Cap Arena

CMLSCumulus Media Inc.

$102768

Q2 2021 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$225M+53.9% YoY

Gross Profit

$142M63.1% margin

Operating Income

$13M5.6% margin

Net Income

-$6M-2.6% margin

EPS (Diluted)

$-0.29

QoQ Revenue Growth

+11.4%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$14M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.3B

Stockholders' Equity

$372M

Cash & Equivalents

$125M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$225M	$146M	+53.9%
Gross Profit	$142M	$80M	+76.6%
Operating Income	$13M	-$32M	+139.0%
Net Income	-$6M	-$36M	+83.8%

Revenue Segments

Advertising Revenues

$221M98%

Non-Advertising Revenues

$4M2%